I need some one with experience in mortgages and how they are regulated.

[Eric Edling]

I have an idea to capitalize on the turmoil that is approaching the current real estate market and then where to channel that capital. If the idea of this specific type of deal could be mastered and then scaled. To capitalize on the rapid growth in the coastal metropolitan areas and the massive intrest rates right now. This deal structure could actually be the future of real estate. A 1 agent sale is being considered as an option the only issue is how to keep the agent unbiased. My deal structure allows the agent to profit not just off bigger profit for the seller but money saved for the buyer. It’s brilliant, I just can’t work out the fine details because of my lack of knowledge on specifics on how mortgages are regulated. But currently the banks have really put themselves in a once in a lifetime situation. 40 percent of homes are owned outright and another 50 percent are low intrest only the homes purchased or built after 2021 do the banks have anything control. In addition the real estate agencies are under heavy litigation for their high commissions and price fixing. The two largest players got too greedy and now they really aren’t needed. If you can make real estate deals without them you could make a fortune just eliminating their added costs but with this deal structure I’m working on you can capitalize on the high cost of money right now because they money doesn’t have to come from a bank anymore. People that own their homes can write their own mortgages. For example, I bought my house 10 years ago at auction and have rented it out and lived conservatively there is only 100,000 left on the note. So I sold it and personally hold the note while quick claiming the deed. I got 100,0000 cash and sold it for 1 million dollars in pure profit. I sold it at 7.5 percent over the course of 30 years and if the party defaults i immediately retake possession pocket the hundred thousand and the months of 7,000 payments and now I have an asset that is probably worth significantly more then when I sold it. But if they pay it off I’d net 2.6 million. It cost me 10,000 to buy this house. It was my first deal at 23 years old. I don’t do a lot of deals but when I do I do it very uniquely and cut out anyone that’s trying to make a profit but me. The day I got this house appraised it just clicked. All I did was take 10,000 sign some papers and created 150,000 in equity out of thin air. Suddenly the saying you don’t make wealth you create it made sense. If anyone is interested in learning more and helping me perfect this deal structure. Please contact me.

PS I know exactly where to invest the proceeds. It’s taxes are and regulations are lax and the market is going to grow faster then Seattles did.